Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

ACC: How to avoid cath lab billing & coding 'ruts'

Coding and documentation is often the chink in a facilitys armor. Issues such as improper documentation, overcoding and a lack of communication between coders and physicians can often steer facilities into a coding rut, said Linda Gates-Striby, CCS-P, compliance manager at the Care Group in Indianapolis, during a presentation Tuesday at the American College of Cardiology (ACC) scientific sessions.

Thumbnail

The ACC Corner: New Year Brings Opportunities for Bipartisan Reforms

The New Year provides an opportunity to turn a corner and not look back. At the American College of Cardiology (ACC), our initial focus is to apply all means necessary to mitigate the impacts of the 2010 Medicare Physician Fee Schedule rule, which resulted in drastic payment cuts for cardiology. The rule is bad policy. It will not only hurt access to care, particularly for disadvantaged populations, but will dramatically increase Medicare costs by shifting services to the hospital setting. The college is working all anglesregulatory, legislative and legalto reverse the most egregious elements of the rule.

Commentary: Health IT saves money for cardiology billing challenges

Cardiology practices have always faced distinctive coding and billing challenges. Today, rapidly declining reimbursement makes it imperative for practices to collect every legitimate charge, requiring the assistance health IT solutions.

First Word: Happy New Year, CMS!

The smiles and lauds of Happy New Year are slowly being replaced by the droning realization that the reimbursement cuts in the 2010 Medicare Physician Fee Schedule are in full force. Its difficult to discuss any topic in cardiovascular medicine without contemplating the influence of these drastic cuts enacted by the Centers for Medicare & Medicaid Services (CMS)some as high as 40 percent.

ACC Corner | Accountable Care Organizations: A Bold New Solution?

Beyond covering the uninsured, redesign of the healthcare delivery system is essential. Patients and physicians have not been served by the cost and volume controls that have occurred over the past decade and the current escalation of healthcare costs is not sustainable.

Infinitt, Great Valley add billing capabilities to RIS/PACS

Infinitt North America, a developer of Web-based RIS, PACS and advanced visualization solutions, has formed a business partnership with Malvern, Pa.-based Great Valley Technologies to offer a RIS/PACS with integrated billing capabilities.

ACC Corner | Maintenance of Certification Could Have Brighter Future with Healthcare Reform

In 1936, the American Medical Association (AMA) and American College of Physicians (ACP) answered a call for the development of uniform high standards for new physicians by forming the American Board of Internal Medicine (ABIM).

Back Page | Connectivity and the Changing Face of American Healthcare

When President Obama signed the economic stimulus package into law this past February, allotting $19 billion to accelerate the nationwide adoption of electronic health records, he welcomed a new era in American healthcare: the age of connectivity.

Around the web

Several key trends were evident at the Radiological Society of North America 2024 meeting, including new CT and MR technology and evolving adoption of artificial intelligence.

Ron Blankstein, MD, professor of radiology, Harvard Medical School, explains the use of artificial intelligence to detect heart disease in non-cardiac CT exams.